Title: Residential Roofing Market - Forecast(2021 - 2026)
1Residential Roofing Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Residential Roofing Market is forecast to
reach 11.8 billion by 2025, after growing at
a CAGR of 4.5 during 2020-2025. The growth of
the global residential roofing market is powered
mainly by development of new, effective
technologies in roofing materials, investment
property, increased popularity of
environmentally-friendly hygiene products,
growing rubber roofs and increasing building
renovations and renovation. - In addition, due to the increasing demand
for hard coatings from different end-user
applications, the residential roofing industry is
expected to increase the in the forecast era.
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Key Takeaways The Asia-Pacific dominated the
residential roofing market owing to the increase
in adoption of residential roofing for
application in newer industrial vertical and
emerging economies such as China, India and
others. Increased disposable income and improved
affordability have driven customers to spend more
on renovation and improvement projects. The
changing consumer's propensity to renovate houses
and to provide attractive living structures also
provided market vendors with ample
opportunities. Growing regulatory attention
requiring energy efficiency in construction
projects is another crucial factor driving market
trends.
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By Distribution Channel- Segment
Analysis Residential Industry held the largest
share in the residential roofing market in 2019.
The roof is an important building structure, as
it offers protection and enhances the
attractiveness of the building. The factor
driving demand for roofing materials for
residential purposes is increased government and
institutional funding for the construction of
housing infrastructure in emerging economies. The
key factors driving demand for residential
roofing materials include rising population and
growing preference for single family housing
structures.
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- Noodles Market Industry Outlook
- GAF Materials Corporation
- Atlas Roofing Corporation
- Owens Corning
- Braas Monier Building Group
- Boral Ltd.
- TAMKO Building Products
- Saint Gobain SA
- Johns Manville
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Residential Roofing Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/16226/resident
ial-roofing-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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